The 92249 zip code market pulled back with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.9) with three homes sold. Meanwhile, the 92243 zip code reported 28 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $205,000, down from last week's $205,500.
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With a budding downward trend of new sellers listing homes, including zero over the last 30 days, and sales that fell to four in that same time frame, the 92249 zip code market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $205,500, down from last week's $206,000.
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Over the last 30 days, the 92249 zip code market was healthy with three homes sold, a 50.0% increase from last week's report. At the same time, the 92243 zip code reported 29 home sales, the highest number from all the surrounding zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach zero months.
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A dip in the number of pending transactions in the 92249 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. While one home went under contract, there was one completed sale. When comparing other close-by zip codes within the same period, the most came from the 92243 zip code with 37 contracts executed. The median sales price dropped to $280,000, down from last week's $300,000.
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92249 is a zip code in California, and is less affluent than average with a median income of $40,145 per household. It's much older than the rest of the state, with a median age of 28. With a median age of 16 years, homes in the 92249 zip code tend to be of moderate age. The best school in the zip code is Heber Elementary School.
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The 92249 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price of all transactions in the 92249 zip code did not budge this week, remaining at $300,000.
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The number of homes coming into the 92249 zip code market plummeted to zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of homes sold came in at $300,000, which extended a price upswing to eight weeks.
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Over the past 30 days, there have been fewer price cuts in the 92249 zip code market, continuing a three-week declining trend to land at zero. However, home sales remained flat with one over the same period. The median sales price in the 92249 zip code stayed put this week at $300,000.
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The 92249 zip code market reported zero sales over the last 30 days. The 92249 zip code usually averages 1.8 sales per month.
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$307K  
The 92249 zip code market extended a three-week hot streak this week, even as sales remained flat at one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price of all transactions in the 92249 zip code did not budge this week, remaining at $205,000. In spite of flat sales, a low three months of inventory signals that the 92249 zip code is a seller's market.
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